Sunday, April 28, 2019

B2B Marketing Essay Example | Topics and Well Written Essays - 2500 words - 1

B2B Marketing - Essay ExampleIt is a slowdown activity everywhere a long period of time. In the period of recession, the unemployment rate and bankruptcies rise. In every business biography cycle, the growth of the industry is measured through the measures like employment generation, Gross Domestic overlap (GDP), faculty utilization, investment spending, household incomes, and inflation and business profits. Recessions are believed to be originated by extensive drop in spending. Governments respond to this stage by taking expansionary macroeconomic policies, such as increasing money supply, change magnitude taxation and increasing government spending (INSEAD, 2009).B2B (Business to business) trade or Industrial marketing is a marketing concept where one company deals their products and services with an different company. It is a different marketing approach from B2C (business to customer) marketing where in a company sales its product directly to the end customers.The activity of marketing is primarily divided into four important activities. They are product, price, place and promotion. The marketing managers of each business have to repress on these four activities (also known as 4Ps) to sustain in this dynamic world. For the first P, the managers should be aspect forward on product quality, brand name, accessories, warranty and services among other things. In price part, managers should go through the price discrimination, price flexibility, bundling, cash and payment system, seasonal pricing etc. On the other hand, distribution channel, transportation and warehousing are the three main aspects for the place segment of marketing jumble and lastly in promotional part manager should focus on public relation and publicity.Product - ECS has three main services namely media services, advertising and marketing services. The company acts as a trey part service provides and has clients from the domain of theme parks, universities, garden

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